Filing Details

Accession Number:
0001638599-17-000274
Form Type:
4
Zero Holdings:
No
Publication Time:
2017-03-14 14:32:59
Reporting Period:
2017-03-09
Filing Date:
2017-03-14
Accepted Time:
2017-03-14 14:32:59
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1481832 Preferred Apartment Communities Inc APTS () 4
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1231790 M Daniel Dupree Preferred Apartment Communities, Inc.
3284 Northside Parkway Nw, Suite 150
Atlanta GA 30327
Chief Investment Officer Yes Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock, Par Value $0.01 Disposition 2017-03-09 13,300 $13.12 140,144 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock, Par Value $0.01 43,265 Indirect By NELL Partners, Inc.
Footnotes
  1. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $13.00 to $13.33, inclusive. The reporting person undertakes to provide to Preferred Apartment Communities, Inc., any security holder of Preferred Apartment Communities, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
  2. John A. Williams, Leonard A. Silverstein and Daniel M. DuPree share joint voting and investment power over the shares held by NELL Partners, Inc. Mr. DuPree disclaims any economic interest in 36,775 of such shares, 69.4% of which are owned indirectly by the Nancy Ann Richardson Williams Children's Trust, formed on January 30, 1995, a trust created by Mr. Williams' spouse for the benefit of their children, and 30.6% of which are owned indirectly by Northside Partners Trust, formed on November 2, 2009, a trust created by Mr. Silverstein's spouse for the benefit of their children.